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•Ontario Statutes
–Corporations Act
§Directors are jointly and severally liable to the employees,
apprentices and other wage earners for all debts due for services
performed for the corporation, not exceeding six months wages
and twelve months vacation pay
§Failure to keep proper books, records and registers
at the head office of the corporation and failure to make such
books, records and registers available for inspection by
entitled persons may result in personal liability for the directors
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